Archive

Posts Tagged ‘Debt’

Bad Debt

October 12th, 2008

Debt is a powerful force to contend with.

During abundance, entrepreneurs take the liberty to borrow to expand or start a business. New couples on the other hand will borrow from banks to buy houses and cars.  Still others,  use credit cards to purchase appliances, jewelries, lap top and alike, on top of using the plastic for their daily requirements to live.

This is not necessarily illegal or immoral, however, when economic and financial crisis hit, like what the world is experiencing now, people will realize how hard it is to be in debt.

Read more…

Sonnie Debt, Hard Facts ,

Debt Management Made Easy

March 25th, 2007

I thought of blogging the teaching we learned this morning from church. This, I believe will help readers manage their debts the Bible way.

Rom 13:8a — “Pay everything you owe..”


From the quoted scripture, it implies that at certain point, debt is OK. Specially if debts that create wealth or build assets. Debts that enslaves, is bad. And non payment of debt is even worse.

If  for one reason or another, you are into debt and you would like to get out of it, here are a few tips that can be of help.

Read more…

Sonnie Debt, Debt Management, Hard Facts , ,